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Monday, September 11, 2017

Greaves Cotton, an
industry leader in last mile transportation solutions, & Atul Auto, a
leading 3-wheeler manufacturing company have signed an agreement to develop a
new generation of fuel agnostic range of power train solutions meeting BS VI
norms using Diesel, Petrol, CNG & Electric power.

Commenting on this
occasion Chairman & Managing Director of Atul Auto, Jayantibhai
Chandra said "Our relationship with Greaves has been spread
over a decade and our joint efforts have borne successful results on the ground
in transporting people and goods in the last mile transportation space. With
this new agreement Atul Auto keeps its commitment to the Indian market to
provide value driven solutions at the lower end of the market”

Speaking on the occasion,
Nagesh Basavanhalli- MD & CEO, Greaves Cotton Limited remarked “The
market needs to be ready for a technological, regulatory and business model
disruption by 2020. Greaves is investing in new technologies and building
capabilities to meet the demand for fuel agnostic, future ready solutions
serving the last mile transportation market. These solutions will cover a range
of fuels from diesel, petrol, CNG to electric. Greaves also has the advantage
of a large network of 3500+ spares & service outlets which can be upgraded
to serve the entire range of fuel agnostic vehicles. We are greatly encouraged
by the response from our OEM customers like Atul Auto. Our solutions will
continue to leverage the strength of the Greaves brand: reliable and affordable
solutions backed by a nationwide service & spares network."